Bank of America must pay $46 million for improperly foreclosing on a California couple’s home in 2010. [More]
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Volkswagen To Pay At Least $15B To Settle Federal Allegations In Dirty Diesel Scandal
By 6.28.16
Nine months after the Environmental Protection Agency and California Air Resources Board revealed that Volkswagen had used so-called “defeat devices” in nearly 500,000 diesel-engine vehicles in the U.S. to skirt emissions standards, the carmaker has finally reached a partial settlement package with the agencies, along with the Department of Justice and the Federal Trade Comission, to the tune of $15 billion. [More]
HSBC Must Pay $470M For Alleged Abusive Loan Practices
By 2.5.16
Thousands of homeowners who lost their homes or had their loans modified will receive a portion of a $470 million federal-state settlement with mortgage lender and servicer HSBC to settle allegations the bank engaged in origination, servicing, and foreclosure abuses. [More]
